CALGARY, ALBERTA--(Marketwired - Aug. 9, 2017) - Peyto Exploration & Development Corp. (TSX:PEY) ("Peyto" or the "Company") is pleased to present its operating and financial results for the second quarter of the 2017 fiscal year. A 75% operating margin(1) and a 22% profit margin(2) in the quarter delivered an annualized 10% return on equity (ROE) and 8% return on capital employed (ROCE). Additional highlights included: Earnings of $0.24/share, dividends of $0.33/share. Earnings of $40 [Read more]
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Gear Energy Ltd. Announces Second Quarter 2017 Operating Results
CALGARY, ALBERTA--(Marketwired - Aug. 9, 2017) - Gear Energy Ltd. ("Gear" or the "Company") (TSX:GXE) is pleased to provide the following second quarter operating update to shareholders. Gear's Interim Financial Statements and related Management's Discussion and Analysis ("MD&A") for the period ended June 30, 2017 are available for review on Gear's website at www.gearenergy.com and on www.sedar.com. Financial Summary Three months ended Six months ended (Cdn$ [Read more]
Shell Launches Methane Detection Pilot
CALGARY and HOUSTON, Aug. 9, 2017 /CNW/ - Shell has launched a methane detector pilot at one of its shale gas sites near Rocky Mountain House in Alberta, Canada. The pilot test is part of a wider multi-stakeholder initiative called the Methane Detectors Challenge, a partnership between Environmental Defense Fund (EDF), oil and gas companies, US government agencies and technology developers to test next generation methane detection technologies. The initiative aims to enable better early [Read more]
Kelt Reports Financial and Operating Results for the Three and Six Months Ended June 30, 2017
CALGARY, AB--(Marketwired - August 09, 2017) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") has released its financial and operating results for the three and six months ended June 30, 2017. The Company's financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended June 30 Six months ended June 30 (CA$ thousands, except as otherwise indicated) 2017 2016 % 2017 2016 % Revenue, before royalties and financial [Read more]
Obsidian Energy Announces Second Quarter 2017 Financial and Operational Results
CALGARY, Aug. 9, 2017 /CNW/ - OBSIDIAN ENERGY LTD. (TSX/NYSE – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces its financial and operational results for the three months ended June 30, 2017. "This is a quarterly release with mixed emotion," commented David French, President and Chief Executive Officer. "We have lost a dear friend and leader in the passing of Rick George, the Chairman of the Board. His guidance and courage throughout Obsidian Energy's restructuring and [Read more]
Paramount Resources Ltd. Announces Second Quarter 2017 Results
CALGARY, Aug. 9, 2017 /CNW/ - OIL AND GAS OPERATIONS Paramount's second quarter 2017 sales volumes averaged 18,367 Boe/d (52 percent Liquids), including approximately 12,700 Boe/d (60 percent Liquids) from Karr-Gold Creek. Liquids sales revenue totaled $45.4 million in the second quarter of 2017, 74 percent of the Company's total petroleum and natural gas sales revenue. Company sales volumes averaged approximately 22,000 Boe/d in June and 27,000 Boe/d (53 percent Liquids) in July as [Read more]
Harvest Operations Reports Q2 2017 Results
CALGARY, ALBERTA--(Marketwired - Aug. 8, 2017) - Harvest Operations Corp. ("Harvest" or the "Company") announced its financial and operating results for the second quarter ended June 30, 2017. This press release is an overview of the second quarter results for 2017 and should be read with the unaudited condensed interim consolidated financial statements and Management's Discussion and Analysis (MD&A) for the second quarter ended June 30, 2017 available on the System for Electronic [Read more]
NuVista Energy Ltd. Announces Second Quarter 2017 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - Aug. 8, 2017) - NuVista Energy Ltd. ("NuVista" or the "Company") (TSX:NVA) is pleased to announce results for the three and six months ended June 30, 2017 and provide an update on its future business plans. NuVista experienced another strong quarter with continued development drilling success. Funds from operations, production, and netbacks remained strong despite planned and unplanned outages and a reduction in commodity prices compared to the first quarter. [Read more]
New Oil and Gas Jobs From BOE Report Jobs
Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; it’s simple and easy to use. Aug. 7 Fracturing Operator Calfrac Well Services Grande Prairie Aug. 7 Coil Tubing - Rotational Calfrac Well Services Grande Prairie Aug. 7 Transport Operator Calfrac Well Services Grande Prairie Aug. [Read more]
Hemisphere Energy Provides Operational and Production Updates
TSX-V: HME VANCOUVER, Aug. 8, 2017 /CNW/ - Hemisphere Energy Corporation (TSX-V: HME) ("Hemisphere" or the "Company") is pleased to provide an update on its operations and current production. Over the past number of months, Hemisphere has continued to focus on enhancing its waterflood projects in Atlee Buffalo while optimizing all of its producing wells in southern Alberta. A pipeline was recently constructed at the Atlee Buffalo F pool to better distribute produced water to all of the [Read more]